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  • ICICI Bank may raise ₹4020 crore through brokerage arm listing

    15 March, 2018 3:42 AM 32

    ICICI Bank will sell about 7.72 crore shares or 24% stake in its brokerage arm ICICI Securities Ltd. in an initial public offering to be launched next week. The bank will raise as much as ₹4,020 crore from the offering. The price range for the offering was set in the range of ₹519-520 per share and the IPO will open from March 22 to 26. The subscription

  • Gabon: Upping country's agricultural contribution

    15 March, 2018 3:31 AM 31

    Gabon is among the most fertile lands on the planet but despite its tropical climate, only 5 percent of the abundantly available land is being harvested. Opportunities exist in serving the domestic market as well as in exports to reap maximum benefits from agriculture. The emerging Gabon’s strategic plan was announced by President Ali Bongo Ondimba

  • Suresh Prabhu pitches for fast tracking key airport projects

    15 March, 2018 3:24 AM 37

    Civil Aviation Minister Suresh Prabhu today held meetings with officials from various departments and allied bodies of the ministry. Prabhu, who took charge of the ministry on Monday, emphasised on fast tracking of key airport projects and innovative financing for aerodrome projects, according to an official. Besides, the minister discussed about aviation

  • Pakistan and Russia discusses defence and security relations

    15 March, 2018 3:15 AM 96

    Pakistan and Russia on Wednesday discussed defence and security relations and held talks on various global and regional issues of mutual interest, the Foreign Office said. Pakistan and Russia on Wednesday discussed defence and security relations and held talks on various global and regional issues of mutual interest, the Foreign Office said. Foreign

  • Suryoday bank opens first partner-led outlet

    14 March, 2018 4:47 PM 39

    ‘Former banker to run Chennai unit’ Mumbai-based Suryoday Small Finance Bank Ltd., (SSFB) opened its first ‘partner-led outlet’ in Chennai by joining hands with an experienced banker to expand its footprint, said a top executive. “The maiden outlet in Chennai will be managed by the former banker along with our staffer,” said R. Baskar Babu, managing

  • Boeing, TAL in new supply pact for Dreamliner beams

    14 March, 2018 4:37 PM 76

    Boeing awarded Tata firm first contract for beams in 2011 U.S. aviation major Boeing and TAL Manufacturing Solutions (TAL), a Tata group firm, on Wednesday signed a new contract to manufacture advanced composite floor beams for Boeing’s 787-9/10 Dreamliners at the latter’s dedicated facility in Nagpur. Boeing and various Tata group firms are already

  • Government approves Rs 6,441 crore road projects for Nagaland

    14 March, 2018 4:14 PM 43

    The government on Wednesday approved road projects worth Rs 6,441.34 crore for Nagaland under Special Accelerated Road Development Programme in North East (SARDP-NE). "The Ministry of Road Transport and Highways (MoRTH) has approved the construction of twelve road stretches in the north-eastern state of Nagaland under SARDP-NE. The 25 km stretch of the Chakabama

  • Wholesale inflation eases in Febuary

    14 March, 2018 4:11 PM 34

    Seven-month low of 2.48% in February on cheaper food articles, including vegetables. Inflation based on wholesale prices eased to a seven-month low of 2.48% in February on cheaper food articles, including vegetables. On the basis of Wholesale Price Index (WPI), inflation was 2.84% in January and 5.51% in February 2017. WPI inflation at 2.48% in February

  • Urea subsidy extended till 2020

    14 March, 2018 4:08 PM 33

    The Cabinet on Wednesday approved the proposal by the Department of Fertilizers to continue the ongoing Urea Subsidy Scheme from 2017 to 2020. The estimated cost of this would be ₹1,64,935 crore, the government said. “The continuation of the urea subsidy scheme will ensure that adequate quantity of urea is made available to the farmers at statutory controlled

  • The computer that fits in your pocket: ECS Liva Q Mini-PC launched in India

    14 March, 2018 11:43 AM 35

    The mini PC comes with Windows 10 Home pre-installed and is priced at Rs 15,500 Taiwan-based Elitegroup Computer System (ECS) has launched a pocket-sized PC from its Liva lineup which can handle 4K video playback with ease in India. It was first unveiled in November last year. The Liva Q, a cubical 7 cm device packs Intel Apollo Lake processors (two variants